Tokyo, Japan-based company, providing mobile telecommunication services through its W-CDMA networks, NTT Docomo and Accenture collaborated to accelerate the adoption and application of Web3 for addressing social issues. The companies announced the collaboration on November 8, 2022. 

Purpose of collaboration between Accenture and NTT Docomo 

The purpose of collaboration between Accenture and NTT Docomo is three-fold, which involves:

  • Promoting ESG (Environmental, Social and Governance) Issues- Diverse and long-term stakeholder collaboration is necessary to help solve many societal issues, including regional development. The two companies intend to create case studies addressing ESG issues, including the United Nations Sustainable Development Goals.
  • Establish a secure technology platform for Web3- The companies aim to develop and grow a secure technology platform. The forum will create an environment where people can use these new technologies quickly and safely. The partners intend to identify and resolve the challenges facing these emerging technologies.
  • Develop talent – The companies also have plans to provide training courses for those interested in working in the Web3 field, including engineers and business leaders.

NTT DOCOMO seeks to focus on its expertise in telecommunications networks and digital services, as well as its experience working on society-wide issues. On the other hand, Accenture intends to build an operational foundation for the initiatives. It eyes the future global expansion, leveraging the knowledge gained through its work on regional development efforts, including that with Aizu Wakamatsu City in Fukushima.

What the NTT DOCOMO official has to say

Motoyuki Ii, president & CEO, NTT DOCOMO, said, “Web3 is the most impactful technological development since the Internet. DOCOMO, in collaboration with Accenture, will revolutionize social infrastructure by utilizing blockchain and building a safe and secure Web3 environment. We will build an environment where the power of creators and developers can come together. We are glad to be promoting the Japan-developed Web3, and we welcome individuals and companies to join us in the global development of Web3 services.”

What the Accenture official has to say

Atsushi Egawa, a senior managing director at Accenture who leads its business in Japan, said, “Our collaboration with NTT DOCOMO is designed to create an industry platform. It leverages blockchain and other digital technologies. At Accenture, we use digital technologies to help our clients achieve 360° value. This includes issues related to sustainability, inclusion and diversity, and delivering exceptional experiences. We will help accelerate the adoption of Web3 by leveraging the expertise we have gained in regional development through our collaborations with stakeholders from industry, government and academia.”

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Jasleen Bhatia works as a content writer for VCBay News. She is pursuing her final semester in Bachelor of Business Administration from IIPS, DAVV. Driven by her keen interest in entrepreneurship and finance, she writes business-related articles.

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